Japan PPI inflation data recap - persistent rise keeps focus on BoJ rate hike speculation ...Middle East

The data is here from earlier:Japan November PPI +0.3% m/m (expected +0.2%) and +3.7% y/y (expected +3.4%)Recapping the report, and adding more:November Wholesale Inflation: Accelerated to 3.7% year-on-year, exceeding the forecast of 3.4%, marking the third consecutive month of increase.Corporate Goods Price Index (CGPI): Climbed to 124.3, its highest level on record, driven by rising costs of food, nonferrous metals, and plastics.Agricultural and Fishery Goods: Prices surged 31% year-on-year, fueled by soaring rice costs.Yen-Based Import Prices: Declined 1.2% in November, a smaller drop than October’s 2.2%, indicating the yen’s rebound hasn’t significantly reduced import costs.Key Drivers:R

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